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Search Results 0 to 27 of about 28 (some duplicates have been removed)
. christmas break is already over for president obama. he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are
because of the gridlock in washington over this fiscal cliff. christine, you had a behind-the-scenes look yesterday at what's happened. >> i interviewed the ceo of fedex about the fiscal cliff, energy securities, but along the lines of the fiscal cliff there were a lot of people at this event, gene sperling, an adviser to the president, roy blount, a republican senator from tennessee there as well. people are grim right now about where we are on the fiscal cliff. i asked the ceo of fedex, he employs people. he is shipping packages. he cares about the price of oil, price of energy, and he cares about the clarity of what's happening in washington. listen so what i asked him. >> as a ceo, when you're watching the fiscal cliff, how do you make decisions? is it irrelevant to your business if we go over the fiscal cliff? how does a ceo look at what's happening in washington and decide for next year? >> most of the ceos look at the situation in washington with complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficu
leader, eric kantor, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is, to quote you, silly. >> i think when you look at what just happened today, the federal reserve will go into what is using -- >> greta: printing money. a fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with the right type of legislation to solve this thing, keep these tax rates where they are and then if we want to come back next year and do the right thing, as far as the comprehensive tax scprmpl really solving this and promoting
of oil. we'll drill down on the answers. >>> plus, more talk and no walk in washington. shocker there. both side insist we need to stop spending. not that they're cutting a single penny from a single government program. fox news's bret baier with the real cost of spending. >>> we all love a good hamburger, right? but is that pesky wrapper keep getting in your way? one fast-food chain may have solved the problem for good. they're making the wrapper edible. you have to see this one to believe it, trust me. even when they say it's not it is always about money. melissa: first, let's take a look at the day's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. now shar
washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people.
join us from washington, d.c. welcome to you. >> thank you. lori: why do you think right-to-work is good idea in michigan? >> michigan has th been one of e states hardest hit by the downturn. they want to do what they can to attract jobs. right-to-work states have lower unemployment rate. it is not hard to understand why businesses don't particularly want to be unionized. they don't want to have happen to them what happened to general motors or chrysler. yothey make it less profitable r unions. as a result you get more invested and more jobs. jobs are one thing michigan definitely needs. lori: i agree. the unions would argue many of the freedoms, many of the advantages their workers enjoy her because of the lobbies and the history they have had, therefore the unions are deservedly deserve their dues. >> if you can persuade workers to give you their money, that is fantastic, that is your constitutional right. they should not be forced to pay dues to the union. 20% of union households in michigan support the right to work law. probably because there's a awful lot of union w
. all day long on cnbc, we are here in washington holding lawmakers feet to the fire and finding out if they are doing their part to rise above partisan politics and reach a deal on the fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about
to the deadline at the end of next year, i think a lot of the lawmakers in washington will be looking at details. things that were put in place to get the bill passed. maybe some corrections to the bill. connell: scott brown, thanks a lot. dagen: we will soon see corn prices hitting new record highs. sandra smith will tell you all about it coming up in today's trade. connell: we will also get to some of the winners. here they are at the nasdaq today. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the wod you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how ou
of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to watch the president have a 45 minute press conference and john boehner have a 45 second. >> steve: sometimes less is more . >> brian: they are not getting along. >> gretchen: one good message from the lincoln movie other than not getting assassinated. he set out what to do >> brian: he won over leaps and bounds in order to get a deal >> chris: he did. >> gretchen: that's what they are doing now. or trying tompt approaching the fiscal cliff. the democratic senate took the night off to watch the movie. doug is in washington with us. were you invited. >> of course not. you have to figure out the pop corn was free . the movie was free . we know that they love free stuff here in washington. free movie tickets may have been tough for the guys to resist. it is possible that watching the lincoln movie, may have inspired the members of congress. at the very least. we know that a minimum of 150 minutes last night. two and ha
enterprise in the past but he is out now saying there is lot of mythology in washington. going on to say the vast majority of jobs in the united states are produced by capital investment and equipment and software, not small business. it is done by big business. and he is trying to make the point that there's a lot mythology in washington about rising taxes, eliminating jobs. that it is just not the case. i'm, catherine, do you believe he believes this? and do you think he is saying it to try and, you know, toe the party line and make everyone happy? >> well, i can't speak for him but i'm going to respectfully disagree. according to the u.s. department of labor, 65% of all net new jobs comes from small businesses. i don't know where he gets his facts ups store, competitor of fedex. they opened 100 new locations. each location hires three to five employees. that is 300 to 500 new jobs from small businesses. i don't know that fedex hired that many people this year. melissa: you know fred smith? what do you think about this comment? >> well, first of all i've known fred for i don't know, 30
that washington is getting its act together but progress on the fiscal cliff isn't driving everything higher. gold hit its lowest level in since late august that is confidence there. investors flee from the precious metal as a safe haven appeal fades. gold is hovering $1670 an ounce. >>> shares of blackberry maker research in motion slipping after being hit with a downgrade by toronto based national bank. rim shares closing down almost 1 1/2% today. >>> all right, you will not like this one of the popular photo sharing site instagram, now claims the right to sell user's photos without payment or notification. and get this. unless users delete their account before january 16th there is no way to opt out. instagram can sell your kids. they become an ad. so your image can be sold for a profit for instagram but not for you. the move already caused an outcry mopping users and here to break it all down is today's money power panel. attorney joey jackson. we have peter shenkman, marketing and social media expert and market guru, scott martin. wow, i couldn't believe this story when i heard it. joey, is t
thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> huge protests taking place at michigan state house. there's a vote from the house that has passed the right to work bill. want to bring in alison kosik for the latest. this is controversial, allison. how are people responding? >> reporter: there's not much response here. what's going on inside the ca
'm alina cho in new york. >> and i'm dana bash in washington. john and zoraida are off. >> a developing story in afghanistan. an adviser to the afghan police has been shot and killed by a woman wearing an afghan police uniform. the latest in the series of green on blue insider attacks and our pentagon correspondent barbara starr joins us live with details on that. good morning. how unusual is this? >> well, alana, sadly this is a story we've report sod often during the year, haven't we? the details on this attack are different in one respect. as far as we know this is a case where a woman, an afghan woman in a police uniform conducted this shooting and killing. a contractor in cab uhl police headquarters. the nato alliance has already announced the incident but not said the nationality officially of the contractor involved. this typically does not happen where the perpetrator is a woman. they are going to have to determine, of course, if she really was an afghan police officer or perhaps the uniform was stolen or she somehow came into possession of it. a continuing issue in afghanistan
. >>> also at home, new developments in the tax showdown in washington. a deal has to get done by january 1st or everyone's taxes will go up. we'll talk about what it will take to get negotiations back on track. >> republicans had their proposal yesterday. we'll see what the reaction is. >>> also, take a look at this video. is this the real-life grinch who stole christmas. the man caught on camera stealing christmas decorations. letting the air out of the whole thing. we'll get more on that in just a moment. >>> also, jessica biel here live. what's life like right now being married to justin timberlake. also, a new movie, on the way, "playing for keeps." so much to talk to her about today. >> that is coming up. >>> let's go to lara, live, all morning long, at buckingham palace with the latest details on the royal baby. good morning, lara. >> good morning, george. what a joy to be here on this day of celebration here in england. folks cheering and giving a thumbs-up as they pass. buckingham palace behind me. and the papers shouting out the great news. there's the picture on "the times." "we're
well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you made a ton of money but actually quite a few of the companies that made, a lot of people lost their jobs, their livelihoods and lost money. to me the key question is do you know instinctively from your recollections how many of those companies that you went into would have failed anyway if you hadn't? >> well, there's no question but that a number of places where we went in and invested, we were investing in an enterprise that was in trouble, that -- where the future was very much in doubt for it and we invested in one busy think it lost 50 or $60 or more million the year before we invested and a lot of people di
. >>> doug luzader live in washington. thank you. >> that leads us to today's "look who's talking." she says it has been three months since the deadly attack in benghazi and no one is held accountable especially the terrorists that were involved. >> we have not done anything to capture or kill any of the terrorists who under took this action who killed our people. that's in large part because we have no interrogation program, because we are treating this like a law enforcement matter because the fbi is asking nicely can we get access to the one person who seems to be in custody, tunisians. but we have done nothing to bring anybody to justice for these murders. this is a 4 part scandal and coverup. neither the president nor the secretary of state has given anybody a true or full accounting of what happened and what they knew and what they knew it. >> as mentioned earlier hillary clinton is expect to do testify on the benghazi attack in mid january. she may be retired from her post by that time. >> five more victims of the sandy hook masses kerr will be played to rest. katherine hubbard, ann m
this every time in washington. it gets to people after a while. regular people who just hear about it. even if it does not affect them that much. they just start to think, the government cannot do anything right. say they do. say they cut a deal. they come up with some sort of fiscal cliff solution, if you can call it that. what does the economy look like dead? >> i think that regardless of a solution, i think the economy will pick up. it is like a speed trap. you will slow down to some ridiculous slow speed when you go through that town. once you know what the rules of the roads are, you will come back through a little bit faster. connell: what are the things that we are doing right? >> well, the one area that is really picking up is homebuilding. homebuilding will do better. it will do better next year in a matter what happens in the economy. the inventory of new homes is that in inventory low. even if sales pulled even, construction will pick up. i am trying to balance that optimism with the reality when you look at past recessions, recessions are typically caused by policy mistakes. the
is agreeing to another bad inside-the-beltway washington deal. by the way, stealing from our children and our grandchildren -- that's immoral. which party now will stand up for them? for our kids? our grandkids? which party's going to stop the madness? joining me with reaction, florida senator marco rubio. you know, senator, i am a little frustrated here because this is our one check and balance -- and that case has not been made. what's wrong with making the case that they are the party against generational theft? i think that's a winning issue for any party that makes that case. >> thanks for having me on. it was a very powerful introduction. you are exactly right. here's the fundamental problem. i recognize the difficult position that the speaker's in now, if january,ing nothing happens, we go over the fiscal cliff. but i are right in the point we are making. this is the great flaw in all of these arguments that the president's making that i wish more people were talking about. if you raise taxes on the wealthiest americans, who he calls the wealthiest merv, people making $250,000 or more,
that gives workers the right to not pay dues. >> steve: washington can't find a solution to the fiscal cliff . but someone who fixed budgets in the past know it is simple. >> if i raise taxes again i will have to do it in two or four years . people are going to leave. >> steve: find out how america's mayor did it straight ahead. straight ahead. feel a cold coming on? gretchen, you will be better in no time. we'll drink to that. >> you will be better in no time and all of my teases will rhyme today. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: ho, ho, hompt look who is here today eric boling. >> gretchen: you get your own personal lurch. >> eric: good to be here. >> steve: you will find out how booze, beer and wine can make you healthier. the news we have all waited for. >> gretchen: yeah, a lot of people waking up with a headache. now it makes sense why i drank so much last night. overnight a developing story. a medical chopper went down last night leaving three people dead. the chopper which is reggistered to rock ford memorial hospital it went down in a field .
easily called in sick. ♪ ♪ >> brian: new york giants play the washington red skin and they ended up lose will. i don't want to talk about. giants are 7-5 and redskins 6-6. he was faulted for keeping quiet about the fast and furious. gary grinnler chief-of-staff for eric holder is stepping down, last day tomorrow. steve, something to do with nothing i talked about. >> steve: has to do with the law. they risked their lives to protect our country. >> gretchen: u.s. veterans deemed too mentally incompetent to handle the finances are entered into a national criminal background system. that prevents them from buying or owning a gun. >> steve: should the second amendment right of those veterans be taken away. we'll have to judge andrew napolitano. >> i am upset about the gines. i will do my best. >> steve: in the defense bill, there is a sticky issue of whether or not veterans should be allowed to bear gun. >> the right to bear guns it is a natural right. if you are armed you have a right to defend yourself and your family and country. that is a right and not a gift from the government. you don
. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >> please shut up. just shut up. >> you shut up. >> that got annoying at the end. >>> and all that matters. >> let the speculation begin. will and katherine are expecting a baby. but what happens if they have twins? >> the top baby names of 2012 were just announced and sophia is the top name for girls and aiden is the top name for boys. >> sochlt pphia and aiden. least popular, kim jong and sandusky. captioning funded by cbs republicans seem to be at a standstill. >> on monday gop leaders made their counter offer to president obama and officials quickly dismissed it. major garrett is at the white house this morning. good morning. >> reporter: good morning, charlie and norah. there's no prospect for a deal and not much talking going on either. for the first time there are numbers on the pieces of paper from the white house and the congressional republicans. there are disagreements from both sides of how serious those numbers are. for
if we're going to see that sense of brotherhood or sisterhood any time soon in washington. i'm still convinced they are not going to come to an agreement on the fiscal cliff unless compelled to do so by an adverse external event like a sharply lower equity market. lou: and is, you know, i can't imagine a market ever going down as john is suggesting here simply because a government chooses not to function. >> well, if it means we're headed into recession, the markets will react. in a typical bear market, stocks sell off by 20%. it's great to have a compromise before the year end, but time is running out. it's not possible. lou: how is it that a treasury secretary responsible for the integrity of the markets, the currency, responsible, indeed, for the financial system of this country, largely, broadly, and internationally, would sink to the level of a political operative making statements about we're going over the fiscal cliff and we're ready to go. >> the president put him in charge of the negotiations from his point of view. lou: clever. >> he's wearing two hats at this point in tim
, peter. peter barnes in washington. connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in support of it. [talking over each other] connell: is the union movement, y
he live in washington. what do we know about this video? i can't get confirmation from anyone. >> reporter: we're being told there's no independent evidence the syrian regime has used chemical weapons, but over the weekend video uploaded to the weapon claimed to show the use of chemical weapons by the assad government. this fire allegedly producing toxic smoke after tank was unloaded by a syrian jet over rebel-held territory. another video which could not be authenticated claimed to show protective er gear confiscated y opposition forgeses and the syrians continue to issue reassurances they won't use chemical weapons on their own people. >> shepard: it's my understanding the u.s. is about to label one of those groups a terrorist organization. >> reporter: the rebel group is blamed for more than 40 suicide bombings in syria in the last year alone including an attack at the military intelligence headquarters in damascus that killed 55 and injured about 400 in may. the group uses foreign fighters from libya and other north african country. some cut their teeth fighting u.s. and c
restaurants and nightlife and shopping and washington street was not flooded. many of our businesses have been impacted by the closure of the path, 60%. some businesses are reporting as much as 60% down in business. my main concern is the 200 or so businesses off of washington street who are struggling to either stay open, operating in an alternate location or potentially over the next several months could be forced to close down. that's my focus right now. >> i understand there was $1 hundred million in damage in hoboken. what is the main source of revenue for helping people get back to work and get back to business? >> well, for businesses the only option for them from the federal government is an sba loan, and that sba loan is either at 4% or ironic at better credit at 6%. in this economic climate when businesses have already taken loans, they just can't afford to take on so much more debt. i was advocating today for direct grants for the businesses, which is not currently available, for much lower loan rates. i mean, for an individual you can get a rate of 1.6%. can we do that for business
going over the fisical cliff? there is still no deal. steve joins us from washington with the latest on thes. >> hi, uma, the fiscal cliff may be looming. but both sides are pulting the dial on hold. no deal for the tooks . at times it appeared congress was made but not the case this weekend. house speaker john boehner said he is hopeful, but none theless of as the presidentov dubbinging the fiscal issue in the stapped off. boehner delivered the gop. >> the president has offedy will not do anything to solvelet speppeding problem and begins to the crippling debt. he wants more spending and tax hikes and that will hurt our economy . he refuses to challenge the members of his family to deal with entitlementriform and the big issues that are facing our nation. president obama said a deal could be reached but that appears unlikely. he took off for hawaii and landed with his family for a shorter than usual christmas break. he said he is it a hopeless optmist. he is scaling back and pushing for a tax cut for the middle class and calling for compromise. it can only pass from democrats and re
Search Results 0 to 27 of about 28 (some duplicates have been removed)

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